Mooney: The Symbol of Performance™

"The cockpit of an airplane with the soul of a sports car."
Pilot Report
March 2005



Ovation3


Value Comparison and Operational Costs

Direct Operational Costs

Cost CategoryBasisCost
Fuel Cost16 gal per hr @ $3.65 per gal$58.40
Oil$7.00 per quart every 7 hours$1.00
General Maintenance (1)1/2 of an hour per flight hour$40.00
Engine Overhaul (2)$22,000 at 2,000 hours$12.00
TOTAL DIRECT COSTS

(1) Based on $65.00/hr labor plus $5.00/hr for parts
(2) Teledyne Continental recommended TBO
$111.40


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Hourly Costs

Average Flight Hours per Year200400600
Direct CostsFrom above$111.40$111.40$111.40
InsuranceEstimated at $7,000 per year$35.00$17.50$11.67
HangarEstimated at $6,000 per year$30.00$15.00$10.00
Training, Charts, misc.Estimated at $1,500 per year$7.50$3.75$2.50
TOTAL COSTS$183.90$147.65$135.57